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Old 08-11-2006, 02:15 PM   #1
wedouglas
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Do you have to be rich to live anywhere nice in non-eastern Europe?

People who live in Europe, where do most people live?

I'm looking at places in southern france and italy, and I cannot find any nice places under 500K Euros. What's the deal?

Do people make that much for in Europe or do most people live in shitty apartments/shitty locations?
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Old 08-11-2006, 02:53 PM   #2
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well with any rich place, there will be poor people. period. the street workers dont commute to work, likewise the shop workers, work your way down the scale. You wont find any seriously fuckig nice place like u would find in america for 500,000k in southern france but you could find yourself a place not too shabby - goodluck
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Old 08-11-2006, 04:52 PM   #3
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Quote:
Originally Posted by wedouglas
People who live in Europe, where do most people live?

I'm looking at places in southern france and italy, and I cannot find any nice places under 500K Euros. What's the deal?

Do people make that much for in Europe or do most people live in shitty apartments/shitty locations?
I have lived in UK, USA and Spain and it appears that on the whole that western Europeans earn less than USA and get screwed more for property than anywhere else!

My opinions aren't usually as strong on this issue but after reading a property website today and seeing what house I could get in FL or Eastern Europe for the same price as my apartment in UK, I am like

And we get taxed too high, and the weather is unreliable, and , and and and......
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Old 08-11-2006, 04:59 PM   #4
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Spain would be your best bet if you stay away from the Costas
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Old 08-11-2006, 05:12 PM   #5
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Everything over there is too expensive for me with this terrible exchange rate. Damn you George Bush! Damn youuuuuU!!!!
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Old 08-11-2006, 06:02 PM   #6
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Don't you want to live in Check? It is nice and not expensive there.
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Old 08-11-2006, 06:39 PM   #7
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I just looked into Portugal. Language thing but it was really cheap.

Edit - Italians seem really dull with the week I spent there.

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Old 08-11-2006, 06:44 PM   #8
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Quote:
Originally Posted by slapass
I just looked into Portugal. Language thing but it was really cheap.

Edit - Italians seem really dull with the week I spent there.
Northern Italy/Switzerland is a damned nice location slapass - but never checked the current costs of real estate stuff - it's likely to be a lot more than when I lived there.

PS And Portugal seems to keep having these forest fires and lack of water annually - pain in the ass.
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Old 08-11-2006, 07:08 PM   #9
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Northern Italy/Switzerland is a damned nice location slapass - but never checked the current costs of real estate stuff - it's likely to be a lot more than when I lived there.

PS And Portugal seems to keep having these forest fires and lack of water annually - pain in the ass.
Switzerland was one of the most expensive places I've been.
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Old 08-11-2006, 07:16 PM   #10
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Switzerland was one of the most expensive places I've been.
I'd need to check, but chances are the "perception" has more to do with currency exchange wedouglas - ie.. for Euro people it may not sound so much.

As long as the dollars remains at a silly level it may be worth looking at countries where the US dollar is "accepted" as a common payment method - places like (often) the Caribbean or Latin America etc.

Literally a couple of years back you could buy complete estates for relatively little money in places like Panama and Costa Rica - tho these are generally shooting up at anything between 25% and 60% in the last few years and show little signs of slowing - but may give "better value" against the dollar.
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Old 08-11-2006, 07:18 PM   #11
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Yeah, I am aware of the exchange rates killing my buying power, but I really have no desire to live in those places. I'm in love with Europe.

Also, I paid $25 for a pizza in Geneve. Luzerne was even more expensive. My $50 Adidas' were selling for well over $100

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Old 08-11-2006, 07:38 PM   #12
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Spain is also a nice place to stay. Real Estate is expensive, but life costs normal money.
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Old 08-11-2006, 07:44 PM   #13
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Also, I paid $25 for a pizza in Geneve. Luzerne was even more expensive. My $50 Adidas' were selling for well over $100
Mmmm.. sounds about right

Remember - cos it was sheer crap and foul stuff - paying the equivalent of $100 of four "take-away" Chinese meals there.

These prices sound like most of the EU - restaurant prices are silly in comparison to the US.
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Old 08-11-2006, 07:47 PM   #14
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Spain is also a nice place to stay. Real Estate is expensive, but life costs normal money.
Agree Cristie - it's a good place for a net base/corp stuff as well, but for normal living - as you said - it's like the rest of the EU as far as costs of living go.
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Old 08-11-2006, 08:32 PM   #15
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Mmmm.. sounds about right

Remember - cos it was sheer crap and foul stuff - paying the equivalent of $100 of four "take-away" Chinese meals there.

These prices sound like most of the EU - restaurant prices are silly in comparison to the US.
I find the European prices pretty high, like an 8 Euro small draft beer in Paris at a downscale sidewalk cafe
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Old 08-11-2006, 09:45 PM   #16
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I find the European prices pretty high, like an 8 Euro small draft beer in Paris at a downscale sidewalk cafe
They are damned expensive when you consider it's just a glass filled with shit that costs nothing Suppose it's the overhead cost - but that sure is not 7 Euros.

That's the difference with the Euro side and the US/Canada/Latin America area - a decent beer in Costa Rica is 50 cents.
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Old 08-12-2006, 07:30 AM   #17
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Oh the joys of overpriced beer. I paid hahaha163;3 for a pint of watered down Krononbourg yesterday
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Old 08-12-2006, 07:50 AM   #18
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I find the European prices pretty high, like an 8 Euro small draft beer in Paris at a downscale sidewalk cafe
Paris is disgusting for overpricing. My favorite is when they charge you extra for drinking your coffee at an outside table.
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Old 08-12-2006, 07:59 AM   #19
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Paris is disgusting for overpricing. My favorite is when they charge you extra for drinking your coffee at an outside table.
hehe.. reminds me why I left..

How much is a beer in a London pub these days damian?
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Old 08-12-2006, 08:03 AM   #20
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you should have thought about leaving a few years earlier.


when the dollar owned the german mark
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Old 08-12-2006, 08:08 AM   #21
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hehe.. reminds me why I left..

How much is a beer in a London pub these days damian?
In a standard central London pub about 3-4 pounds (about $5-7) for a pint of lager. If you know where to go then it can be cheaper.

For a good night out in a central London club then think about getting a mortgage.

I think most locals stay well clear of west end bars - perhaps a few times a year for a special night out - the clubs are always way better in the outer suburbs anyway.
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Old 08-12-2006, 09:38 AM   #22
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In a standard central London pub about 3-4 pounds (about $5-7) for a pint of lager. If you know where to go then it can be cheaper.
Sheesh.. yea.. it's getting worse
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Old 08-12-2006, 09:41 AM   #23
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you should have thought about leaving a few years earlier.

when the dollar owned the german mark
It's even better now for GBP/Dollar values - One transfer a short while back gained just over $15K in "extra" dollar value - amazing stuff
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Old 08-12-2006, 10:11 AM   #24
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U have to be rich to live in east europe as well
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Old 08-12-2006, 11:12 AM   #25
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Quote:
Originally Posted by wedouglas
People who live in Europe, where do most people live?

I'm looking at places in southern france and italy, and I cannot find any nice places under 500K Euros. What's the deal?

Do people make that much for in Europe or do most people live in shitty apartments/shitty locations?

I live in Denmark in an apartment with a friend of mine, in the city.

65m2 -> price was 2.200.000DKK app. $366k USD.

thats pretty standard price here in Denmark for apartment in the city.
This is brand new so it's damn nice but expensive
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Old 08-12-2006, 11:16 AM   #26
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but in Bulgarian it's much cheaper

the guy I share the apartment with has just bought a condue in bulgarian to around $100k with a view of the water and not long from sunny beach where the shit goes down in bulgarians
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Old 08-12-2006, 11:18 AM   #27
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Old 08-12-2006, 11:21 AM   #28
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Ok, people in this thread complaining about food prices in europe, how many of you were buying food/drinks at the Westin during Internext
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Old 08-12-2006, 11:29 AM   #29
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I live in Denmark in an apartment with a friend of mine, in the city.

65m2 -> price was 2.200.000DKK app. $366k USD.

thats pretty standard price here in Denmark for apartment in the city.
This is brand new so it's damn nice but expensive
To be honest that's not such a bad rental - actually sounds good polle - basically equivalent to a full home at $1500 ish. Thats much the same as average home rentals in Costa Rica.

Try the same property in the London area and it's miles higher. Just had a friend move out of .. prob about the same size property in Sloane Square and she was paying the equivalent of $2450.
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Old 08-12-2006, 11:34 AM   #30
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Ok, people in this thread complaining about food prices in europe, how many of you were buying food/drinks at the Westin during Internext

Ha. On vacation maybe. I wouldn't be caught dead paying those prices on average haha.
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Old 08-12-2006, 11:41 AM   #31
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To be honest that's not such a bad rental - actually sounds good polle - basically equivalent to a full home at $1500 ish. Thats much the same as average home rentals in Costa Rica.

Try the same property in the London area and it's miles higher. Just had a friend move out of .. prob about the same size property in Sloane Square and she was paying the equivalent of $2450.
I think he means he lives ( probably owns ) in an apartment there, so nothing about renting here ( unless Im missing sth )

on another note, real estate prices in Poland went crazy in past 3 years

about 100% increase in past 3 years in the big cities and experts predict that they will increase for a good few years so the demand is very huge and the supply is small so it increases the prices even more
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Old 08-12-2006, 11:43 AM   #32
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I have heard that in Ukraine you can find some nice places on the outskirts of the major cities. But they may not have all the services that you are used to.
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Old 08-12-2006, 11:45 AM   #33
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wedouglas, now this is really not my problem and I shouldn't care, but weren't you considering buying a lambo recently or some better Porsche?

I guess if you have the money to blow on expensive toys, then you could also rent or buy some nice apartment / house in Europe

personally I've been thiinking recently about moving to Barcelona, I heard its a great city and im gonna visit it for like 2 weeks soon... then I will know more if I want to move there

but the rental prices are relativly cheap from what someone said a few days ago on GFY ( I would probably rent, buying woudn't be an option for a few reasons )
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Old 08-12-2006, 11:51 AM   #34
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Prices are big everywhere,if you want live cheap then live in car hehe
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Old 08-12-2006, 11:56 AM   #35
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I would recommend Spain over most other European countries. Its cheaper and more laid back. Stay out of the major cities, real estate prices is a joke there
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Old 08-12-2006, 11:59 AM   #36
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I heard that in europe they do 100 yr mortgages
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Old 08-12-2006, 12:02 PM   #37
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I think he means he lives ( probably owns ) in an apartment there, so nothing about renting here ( unless Im missing sth )
True - me assuming

Quote:
Originally Posted by polish_aristocrat
on another note, real estate prices in Poland went crazy in past 3 years

about 100% increase in past 3 years in the big cities and experts predict that they will increase for a good few years so the demand is very huge and the supply is small so it increases the prices even more
That sounds kinda inevitable PA - Poland is going to end up on par with the neighboring countries. Sounds like a damned good investment time.

Not sure if you've seen it happen yet in Poland, but often there is lumps of foreign investment as part of the engine driving real estate upwards? Can think of the money being dumped into Croatia by "foreigners" for villas and homes.

Where I am now (Costa Rica), there is definately a desire by foreigners to purchase properties - values seem to be rising at around 30% - 60%/year depending if near coastlines/beaches etc. I'm stunned at the values of some properties we have here - they earn a few mill just on annual capital appreciation alone.

It's the old story - they don't make any more land
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Old 08-12-2006, 12:05 PM   #38
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I heard that in europe they do 100 yr mortgages
The normal max is about 30 years Tony - but, with the affordabilty decreasing it don't sounds too long before 100 years is the norm
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Old 08-12-2006, 12:17 PM   #39
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True - me assuming



That sounds kinda inevitable PA - Poland is going to end up on par with the neighboring countries. Sounds like a damned good investment time.

Not sure if you've seen it happen yet in Poland, but often there is lumps of foreign investment as part of the engine driving real estate upwards? Can think of the money being dumped into Croatia by "foreigners" for villas and homes.

Where I am now (Costa Rica), there is definately a desire by foreigners to purchase properties - values seem to be rising at around 30% - 60%/year depending if near coastlines/beaches etc. I'm stunned at the values of some properties we have here - they earn a few mill just on annual capital appreciation alone.

It's the old story - they don't make any more land
investment time? well, perhaps... but the better investment time was 3 years ago

I personally don't see Poland becoming as wealthy as f.e Germany soon, so prices shouldn't increase so fast, but they actually reached Germany already or almost reached

but the polish cities, unfortunately also polish culture and mentality and many other factors ( politics, infrastructure also weather ) suck a little compared to Western Europe so that's why I don't see any real reasons for the prices to skyrocket so fast

but the supply is very small, 5 times less apartments are built each year than needed

foreign capital... well, to a certain degree yes, but its not done not on a massive scale as far as i know
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Old 08-12-2006, 12:22 PM   #40
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wedouglas, now this is really not my problem and I shouldn't care, but weren't you considering buying a lambo recently or some better Porsche?

I guess if you have the money to blow on expensive toys, then you could also rent or buy some nice apartment / house in Europe
Don't forget that a 100K car is like 1/7 as much as a nice, small place in a desirable area of Europe. Might not seem like it, buy 100K is nowhere near 700K. Especially considering what you get for 700K.

I also would never rent. I think it is a waste of money unless you have no choice.
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Old 08-12-2006, 12:48 PM   #41
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go to baltic states...
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Old 08-12-2006, 01:33 PM   #42
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I personally don't see Poland becoming as wealthy as f.e Germany soon, so prices shouldn't increase so fast, but they actually reached Germany already or almost reached
I read somewhere in newspapers that since Poland joined EU, around 2 milions of people left Poland for work in western Europe.
Is that true?
I am from Czech and only few tens of thousands people left this country for work in EU.

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Old 08-12-2006, 01:36 PM   #43
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Amsterdam made me poor . . the cost of living is high

we all got fucked by the euro currency switch . . prices went up

but salaries stayed the same . . a Croatian dude i know says he could

live for a year on my base monthly . . i'm looking at Bulgaria now
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Old 08-12-2006, 01:50 PM   #44
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but in Bulgarian it's much cheaper

the guy I share the apartment with has just bought a condue in bulgarian to around $100k with a view of the water and not long from sunny beach where the shit goes down in bulgarians
When I was in Budapest I was just looking out of curiousity - and it's generally cheaper than other Euro cities but that will change soon. A few big developers have moved in to renovate old buildings in trendy areas to high-priced condos.

Plus, no secret stays that way for long.


(And yes, I know Budapest is not in Bulgaria - I was drawing a comparison that there are "cheaper" cities in E.Europe!)

Last edited by Kevsh; 08-12-2006 at 01:51 PM..
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Old 08-12-2006, 02:01 PM   #45
klinton
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Quote:
Originally Posted by teomaxxx
I read somewhere in newspapers that since Poland joined EU, around 2 milions of people left Poland for work in western Europe.
Is that true?


wodka wyborova
yes it's true
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Old 08-12-2006, 02:16 PM   #46
Antonio
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Quote:
Originally Posted by Kinky John
Amsterdam made me poor . . the cost of living is high

we all got fucked by the euro currency switch . . prices went up

but salaries stayed the same . . a Croatian dude i know says he could

live for a year on my base monthly . . i'm looking at Bulgaria now
well, I'm Bulgarian and my whole familly still lives there, my brother has almost finished paying off his appartmnet and not so long ago (a month or two) bought himself a nice house about 30kms from Sofia for 18 000 Euros

so yeah, Bulgarian property is still pretty cheap but the prices are going up and up and up - it happened in all the Eastern European countries that joined (or are about to join) the EU (see what polish said in his posts)

many Western Europeans are buyng properrty in Bulgaria, lets face it, if you retire with 1000 British pounds monthly pension you want really live large in London (if you can manage to live at all on that kind of money)
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